Bitcoin and Ethereum to rise but still not expensive

Bitcoin and Ethereum to rise but still not expensive

While Bitcoin prices broke records on the second trading day of the week; Ethereum prices also accompany Bitcoin. Analysts, while evaluating the latest situation, stated that the developments in the global economies supported the predictions of $ 80,000 for the end of the year in Bitcoin; “Bitcoin is not expensive despite the rise,” they say.

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Will Bitcoin price never reach up to $58K level again?

Will Bitcoin price never reach up to $58K level again?

The price of Bitcoin and all altcoins has been stuck in a certain price range since May 19, 2021. Just as it could not exceed $40K, it could no longer exceed $35K. Cryptocurrency markets have been very sluggish for the past few weeks, with trading volume at the bottom. Therefore, the morale of the small investor continues to deteriorate. This compression process in the narrow area persists. Bitcoin is not allowed to go above $40K, but it cannot go down to $20K.

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